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15-10-2024 TUESDAY

The U.S. dollar was perched at an over two-month high against major currencies in Asian Market opening trades today, spurred by wagers the Federal Reserve will proceed with modest rate cuts in the near term, while the yen inched closer to the key 150 per dollar level. A string of U.S. data has shown the economy to be resilient and slowing only modestly, while inflation in September rose slightly more than expected, leading traders to trim bets on large rate cuts from the Fed. The dollar got a lift after Fed Governor Christopher Waller yesterday called for \"more caution\" on interest rate cuts ahead, citing recent economic data. The dollar index was last at 103.18, just shy of 103.36, the highest level since Aug. 8 it touched yesterday. The index is up 2.5% and on course to snap its three-month losing streak. In major currencies today, the yen last fetched 149.55 per dollar, having touched a 2-1/2 month high of 149.98 yesterday. The euro at $1.0901 was close to its lowest level since Aug. 8 that it touched yesterday ahead of the European Central Bank policy meeting on Thursday, where the central bank looks set to deliver another interest rate cut. The pound was 0.04% higher versus the USD at $1.3064.  The Indian rupee opened almost unchanged at 8306/07 against its previous session’s close of also 84.06/07 and is expected to trade between 83.95 – 84.10 band today.
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INR Rates

Symbol   Bid  ASK
USD83.8875 83.8975
GBP110.14429 110.20301
EUR93.03124 93.04802
JPY0.59655 0.5966
CHF98.91227 98.97062
AUD56.28012 56.31368
SGD64.57355 64.61334
CAD61.78648 61.79103
NZD51.8257 51.85925
*Closing Rates on : 2024-09-13

Stock Indices

IndexPointsChange
BSE Sensex81799.28-173.77
S&P CNX Nifty25049.65-78.3
NASDAQ20439.046167.072
HangSeng20318.79-774.08
DJ IA31097.9756.84
DAX19540.1131.82
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